Beetlejuice Beetlejuice has tripled its budget by passing a major global milestone. The new Tim Burton movie is a legacy sequel to his 1988 horror-comedy original with the return of Michael Keaton as Betelgeuse, Winona Ryder as Lydia Detz, and Catherine O’Hara as Delia Detz along with a new ensemble cast that includes Jenna Ortega, William. Dafoe, Justin Throuw, Monica Bellucci and Arthur Conti. Beetlejuice Beetlejuice Box office made a splash when it opened to $111 million, a total that already exceeded the worldwide gross of the entire run of the original movie.
Per Warner Bros. PicturesAs of Sunday morning, Beetlejuice Beetlejuice is projected to close its third weekend in theaters by bringing its global box office total to a cumulative gross of $329.7 million. In addition to allowing the movie to cross the $100 million milestone internationally with an overseas total of $103,000, this pushes it past the $300 million global milestone, which means it has More than tripled its reported budget of roughly $100 million. It is only the twelfth release of 2024 to pass this milestone, with the latest Alien: Romulus.
What this box office milestone means for Beetlejuice Beetlejuice
The movie is probably in the black
Because this total has tripled the Beetlejuice Beetlejuice Budget, the movie is most likely already turning a profit. Because of multiple factors including publicity costs and theaters keeping half of ticket sales, a movie typically needs to earn between two and two-and-a-half times its production budget to make its money back. That would Most likely put the movie’s break-even point somewhere around $250 millionA milestone it has already surpassed by nearly $100 million.
While the Beetlejuice Beetlejuice release has not yet become one of the Top 10 releases of 2024, It seems very likely to break onto the chart Before the end of its run. Whether it stays in the Top 10 until the end of the year remains to be seen, however, as it will face fierce competition as October and the holiday season bring in major franchise properties, including Joker: Folie à Deux, Venom: The Last Dance, Moana 2, Wicked, Gladiator IIAnd Sonic the Hedgehog 3.
Our take on the Beetlejuice Beetlejuice Box Office milestone
More Burton projects are likely to be on their way
It seems likely that the success of Beetlejuice Will result in even more projects in the same realm coming to the screen, chasing the same core audience that have connected so strongly with the new project. Is this a third Beetlejuice Movie remains to be seenAs the director has made comments that suggest this is not a certainty. However, more collaborations between Burton and star Jenna Ortega outside of their hit Netflix series Wednesday seem highly probable.
Source: Warner Bros. Pictures